Director of Product Management, Clearing
CoinDesk is the most-trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension and context. CoinDesk Events gathers the global crypto, blockchain and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. CoinDesk Indices offers expertise in digital asset indices, data and research to educate and empower investors.
About CoinDesk
CoinDesk is the most-trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension and context. CoinDesk Events gathers the global crypto, blockchain and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. CoinDesk Indices offers expertise in digital asset indices, data and research to educate and empower investors. CoinDesk Media runs one of the world's largest cryptocurrency newsrooms, covering markets, policy, technology and more, and is known for its Loeb and Polk awards-winning role in stopping Sam Bankman Fried's theft of customer assets at the FTX cryptocurrency exchange. Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution. Our indices form the foundation of the world's largest digital asset products. Known for their precision and compliance, flagships such as the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. CoinDesk hosts myriad industry events and webinars each year, including Consensus, the world’s largest, longest-running and most influential gathering that brings together all sides of the cryptocurrency, blockchain and Web3 community.
Skills
About the Role
You will own the strategic roadmap and execution for launching a US regulated derivatives business. You will define product requirements for futures and options, guide regulatory approval efforts, hire and mentor product staff, and oversee product lifecycle from concept through launch, liquidity acquisition and maturity. You will work cross-functionally with Legal, Compliance, Engineering, Quantitative Research, Risk, Operations and Sales to implement clearing workflows, margin methodologies, matching and risk engines, APIs and reporting infrastructure. You will set product success metrics, adjust strategy based on data and market feedback, represent the product to regulators and key clients, and champion product management best practices.
Requirements
- Bachelor's degree in Finance, Engineering, Economics or related field (MBA or advanced degree preferred)
- 10+ years of product management or relevant leadership experience in financial services with focus on derivatives trading and market structure
- Proven experience launching exchanges, clearinghouses or complex financial products in a regulated US environment
- Deep understanding of CFTC regulations and operational requirements for FCM, DCM and DCO
- Track record managing and developing product teams and aligning cross-functional stakeholders
- Ability to engage with engineering on matching engine logic, API design and risk engine architecture
- Executive-level communication skills and experience presenting to C-Suite and boards
- Comfortable representing product externally and working in a dynamic, distributed organization
Responsibilities
- Define end-to-end product strategy for the US market
- Hire, mentor and lead a high-performing product team
- Partner with Legal, Compliance and Executive Leadership to navigate CFTC application and approval
- Oversee full lifecycle of US derivative products from concept to launch and maturity
- Lead collaboration across Engineering, Quantitative Research, Risk, Operations and Sales
- Define product success metrics and adjust strategy based on data
- Represent the product to regulators, institutional clients and strategic partners
- Support and champion Product Management best practices and documentation
Benefits
- Discretionary annual target bonus
- Performance incentives
- Competitive compensation and benefits